NOT LISTED FOR SALE

2 Rainbow Trail Rd Placitas, NM 87043

Estimated Value: $881,000 - $989,000

3 Beds
2 Baths
2,685 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 17, 2023

Current estimated payment $5,419/month

23 Days on Market

Highlights

  • Wooded Lot
  • Pueblo Architecture
  • 2 Fireplaces
  • Radiant Floor
  • Hydromassage or Jetted Bathtub
  • Corner Lot

About This Home

As of November 2023

PERCHED ON A HILL, this custom home has amazing west/sunset/Cabezon and Sandia Mountains views. The home exudes quality with high end finishes throughout. Very well taken care of, the home appears in like-new condition. Gorgeous open floor plan, light and bright with a cook's dream kitchen. Separate master bedroom from other bedrooms. 2019 TPO roof and kitchen appliances one year old or less.

Last Agent to Sell the Property

Lynn Koch

Realty One of New Mexico License #11898 Listed on: 09/29/2023

Last Buyer's Agent

Natalie Amershek

La Puerta Real Estate Serv LLC License #51389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,488

Year Built

  • Built in 2005

Lot Details

  • 1.59 Acre Lot
  • Property fronts a county road
  • East Facing Home
  • Xeriscape Landscape
  • Corner Lot
  • Sprinkler System
  • Wooded Lot
  • Zoning described as CD-WP

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Pueblo Architecture
  • Frame Construction
  • Membrane Roofing
  • Rubber Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 2,685 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Casement Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Covered Courtyard

Schools

  • Placitas Elementary School

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Connected
  • Co-Op Water
  • Water Softener is Owned
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include common areas, tennis courts
  • Anasazi Trails Homeowners Association
  • Built by Homes by Marie
  • Anasazi Trails Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023073004388

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,488

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From ABQ, exit 242 and head right to Placitas Highway 165. Follow 1 mile and turn left on Trails Road. Right on Rainbow Trail to #2 on right.
  • Listing Contract Date: 2023-09-27
  • Year Built: 2005
  • Lot Size Acres: 1.59
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Anasazi Trails
  • Architectural Style: Pueblo
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 16 - 20
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Water Softener Owned, Self Cleaning Oven, Washer
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Breakfast Area, Ceiling Fan(s), Dual Sinks, Entrance Foyer, High Speed Internet, Home Office, Jetted Tub, Kitchen Island, Living/Dining Room, Main Level Primary, Pantry, Skylights, Separate Shower, Cable TV, Water Closet(s), Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Gas Log
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2685.0
  • Window Features: Casement Window(s), Double Pane Windows, Insulated Windows, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Courtyard, Sprinkler/Irrigation
  • Roof: Membrane, Rubber
  • Lot Features: Corner Lot, Landscaped, Trees, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure, Restricted
  • Builder Name: Homes by Marie
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Refrigerated
  • Heating: Natural Gas, Radiant Floor, Radiant
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Water Source: Community/Coop
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association Name: Anasazi Trails Homeowners Association
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Tennis Courts

Schools

  • Elementary School: Placitas

Green Features

  • Green Power: None
  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 69260.4
  • Parcel #: 1023073004388
  • Zoning Description: CD-WP

Tax Info

  • Tax Annual Amount: 6488.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 10, 2022
Sold by
Vitale Richard R and Vitale Diane
Bought by
John M Esche And Deborah S Esche Revocable Tr
Seller's Agent
Jennise Phillips
La Puerta Real Estate Serv LLC
Buyer's Agent
Nicole Ackerman
La Puerta Real Estate Serv LLC
List Price
$858,000
Current Estimated Value
$893,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%

Purchase Details

Closed on
Jun 8, 2005
Sold by
Homes By Marie Inc
Bought by
Vitale Richard R and Vitale Diane
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
John M Esche And Deborah S Esche Revocable Tr -- New Title Company Name
Vitale Richard R $478,335 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vitale Richard R $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold -- -- --
10/23/2023 10/23/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $849,000 -1.0% $316 / Sq Ft
05/10/2022 05/10/22 Sold -- -- --
04/12/2022 04/12/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $858,000 0.0% $320 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $858,000 -- $320 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,533 $260,199 $46,667 $213,532
2023 $5,533 $250,000 $31,667 $218,333
2022 $3,756 $170,348 $0 $0
2021 $3,763 $165,387 $31,667 $133,720
2020 $3,673 $161,488 $0 $0
2019 $3,660 $159,647 $0 $0
2018 $3,223 $154,997 $0 $0
2017 $3,590 $170,592 $0 $0
2016 $4,335 $170,592 $0 $0
2014 $4,195 $170,592 $0 $0
2013 -- $168,592 $49,173 $119,419
Source: Public Records

Agents Affiliated with this Home

  • Lynn Koch

    Seller's Agent in 2023

    Lynn Koch

    Realty One of New Mexico

    (505) 379-2289

    2 in this area

    7 Total Sales

    Section Image
  • Natalie Amershek

    Buyer's Agent in 2023

    Natalie Amershek

    La Puerta Real Estate Serv LLC

    (505) 867-3388

    18 in this area

    90 Total Sales

    Section Image
  • Jennise Phillips

    Seller's Agent in 2022

    Jennise Phillips

    La Puerta Real Estate Serv LLC

    (505) 331-2288

    88 in this area

    104 Total Sales

    Section Image
  • Nicole Ackerman

    Buyer's Agent in 2022

    Nicole Ackerman

    La Puerta Real Estate Serv LLC

    (505) 610-5130

    60 in this area

    108 Total Sales

    Section Image
See All Agents

Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1042316

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-073-004-388

New Mexico Sandoval County Placitas 87043

2 Rainbow Trail Rd, Placitas, NM

This home is located at 2 Rainbow Trail Rd, Placitas, NM 87043 since 29 September 2023 and is currently estimated at $937,705, approximately $349 per square foot. This property was built in 2005. 2 Rainbow Trail Rd is a home located in Sandoval County with nearby schools including Bernalillo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes